Consumer Sentiment Ticks Up in March
Ann Arbor, MI, March 27, 2009--A consumer sentiment index rose in late March to 57.3 from 56.3 in February, according to a media report of a survey released Friday by the University of Michigan and Reuters.
Today's Flooring News
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Group Predicts Retail Development Recovery in 2011
New York, NY, March 27, 2009--A real estate brokerage firm is predicting headwinds for retail development.
Consumer Spending Could Add to GDP in Q1
Washington, DC, March 27, 2009--The Commerce Department reported Friday that consumer spending edged up 0.2% in February, in line with expectations.
Erhardt + Leimer Has New SE Sales Rep
Duncan, SC, March 27, 2009--Manufacturing equipment maker Erhardt + Leimer Inc. has a new sales representative in the Southeast.
Bona Wins Golden Hammer Award Again
Aurora, CO, March 25, 2009 – Bona US was awarded the 25th Annual Golden Hammer Award.
Flavin Named Vice Chair of CRI Marketing Issues
Dalton, GA, March 26, 2009--Patricia Flavin, senior vice president of marketing for Beaulieu of America, has been named vice chairman for the marketing issues committee of the Carpet and Rug Institute.
Investment Company To Purchase Foamex Assets
Media, PA, March 26, 2009-Foamex International said on Wednesday that it has reached a deal to sell its assets to an affiliate of debt investment firm MatlinPatterson.
Third GDP Estimate Shows 6.3% Decline in Q4
Washington, DC, March 26, 2009--The U.S. economy contracted at a 6.3% annualized seasonally adjusted rate in the fourth quarter of last year.
Mohawk Promoting Its Use of Lomax Technology
Midland, MI, March 25, 2009 — Mohawk Industries is launching a major, in-store advertising campaign to promote its use of Dow Flooring’s latex carpet backing manufactured with innovative Lomax Technology.
Propex Gets New Owner for $82 Million in Auction
Chattanooga, TN, March 25, 2009--The world’s biggest independent maker of carpet backings will get a new financial backer next month, according to the Chattanooga Times Free Press.